Exhibit 10.36
UNSECURED REVOLVING OPERATING NOTE
Amended and Restated $36,750,000 Note Dated: May 19, 2006 Due Date: March 1, 2007, unless extended Johnston, Iowa
This Amended and Restated Unsecured Revolving Operating Note replaces and amends a certain Unsecured Revolving Operating Note in the amount of $40,000,000, dated March 15, 2002, as governed by a Master Loan Agreement, dated February 15, 2001, as the same may be modified from time to time. FOR VALUE RECEIVED , FC STONE, L.L.C., an Iowa Corporation, of West Des Moines, Iowa (the " Borrower" ), promises to pay to the order of Deere Credit, Inc., a Delaware corporation (the " Lender" ), at Lender' s office at such place as Lender may designate in writing, the principal sum of Thirty-Six Million Seven Hundred and Fifty Thousand and 00/100 DOLLARS ($36,750,000), together with interest as provided in this Note, all in lawful money of the United States of America. So long as no event of default has occurred and is continuing, the Borrower may receive advances at any time until the Due Date. All amounts, which are repaid, may be readvanced. The unpaid principal balance of this promissory note (" Note" ) shall bear interest computed upon the basis of a year of 360 days for the actual number of days elapsed in a quarter, at a rate of interest (the " Effective Interest Rate" ) which is equal to 35/100 or 1% (0.35%) under the Prime rate or base rate of interest established by Citibank, N.A. of New York, New York (" Citibank" ) as its base rate (the " Index" ), as such Index may vary from time to time. Borrower understands that the Effective Interest Rate payable to Lender under this Note shall be determined by reference to the Index, and not by refe ...
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